IAmSatoshi
Long

Possible Cup & Handle

POLONIEX:ETHBTC   Ethereum / Bitcoin
C+H is usually a sign of bullish continuation and NOT at the end of a downtrend.

However, this still may play out as a C+H would. Reversal/Continuation patterns do rarely emerge in reverse.

Long @ break of 0.764 fib
Comment:
snapshot
Trade closed: target reached: C+H took a while to play out, but it played out
It finally worked out very well for you! congrats :)
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Haters going to hate. Well done mate. You reached target with plenty of upside to go.
+1 Reply
a cup and handle must be preceded by a 30% rise minimum to be valid...
do your homework. you should sell the top of this dead cat bouce before it's too laye
Just my opinion, good luck
Reply
IAmSatoshi alexEnShort
"C+H is usually a sign of bullish continuation and NOT at the end of a downtrend.

However, this still may play out as a C+H would. Reversal/Continuation patterns do rarely emerge in reverse. "
Reply
Yes good luck with ether, I am very bearish despite devcon2...might open a long next week, meanwhile I am riding xmr.
Good luck
Reply
IAmSatoshi alexEnShort
Patterns can emerge as a signal of bullish/bearish continuation vs reversal

Here's a H+S on an oil downtrend
snapshot
Reply
IAmSatoshi alexEnShort
Pre breakdown chart
https://twitter.com/CarpeNoctom/status/668630817099407360
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